Linterna 15, Ciutat Vella, Valencia – Investment Property for Sale – €850,000
5 units | 4 apartments | 1 commercial unit | Estimated 22% ROI
€850.000
Basic Features
- Built around 1870
- Approximately 55 m² plot area
- 1 commercial unit with linked mezzanine
- 4 apartments of approximately 70 m² each
- 5 independent units
- Located in Ciutat Vella, Valencia
- Partial heritage protection
Building
- Entire building for sale
- Ground floor: commercial unit
- Upper floors: 4 apartments
- Original architectural features
- Two purchase options: with or without renovation by MBB
- Possibility of individual acquisition per unit (up to 5 investors)
Description
Discover Linterna 15 Building, a unique investment opportunity in the heart of Valencia’s historic Ciutat Vella. Built around 1870, this traditional 19th-century townhouse combines historic architectural character with the potential to create a modern residential and commercial property in one of the city’s most established locations.
The building consists of five independent units distributed across its floors, including one commercial unit on the ground floor with a linked mezzanine and four apartments of approximately 70 m² each on the upper floors. With a total plot area of approximately 55 m², the property retains much of its original structure, including its façade, load-bearing walls, staircase and period joinery, preserving the character of its historic origins.
The property offers flexibility for investors, with the possibility of purchasing the entire building in its current condition and managing the renovation independently, or undertaking a complete refurbishment with My Blue Bricks. The proposed renovation, designed in collaboration with Genovés Calleja Arquitectos, aims to combine the building’s original architectural features with contemporary interiors and modern living standards.
The investment can also be structured for up to five independent investors, with each investor purchasing one of the individual units. This creates opportunities for both investors interested in acquiring the entire building and those looking to participate in a smaller-scale property investment.
Located on Calle Linterna 15, on the corner of Calle Músico Peydró, the building is situated in Ciutat Vella, the historic centre of Valencia. Surrounded by traditional architecture, cultural landmarks, restaurants and established commercial areas, the location offers strong appeal for investors seeking distinctive properties in the city’s historic urban environment. The building is also situated within the protected historic quarter and is subject to partial heritage protection.
With a total building price of €850,000, Linterna 15 offers an opportunity to acquire an entire historic property with multiple investment possibilities. Whether you choose to purchase the building as it stands or work with My Blue Bricks on a complete renovation, this project combines historic character, a central location and the flexibility to shape an investment strategy that suits your objectives.
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